Morgan Stanley Maintains Equal-Weight on Abivax, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vikram Purohit maintains an Equal-Weight rating on Abivax (NASDAQ:ABVX) and raises the price target from $15 to $16.
April 11, 2024 | 11:29 am
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Morgan Stanley maintains an Equal-Weight rating on Abivax and raises the price target from $15 to $16.
The increase in price target by Morgan Stanley suggests a positive outlook on Abivax's stock value in the short term. Although the rating remains Equal-Weight, indicating a neutral stance, the raised target price could lead to increased investor interest and potentially a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100